A report released by the Bureau of Economic Analysis (BEA) shows in the first quarter of 2023, Kansas ranked fourth in the nation for personal income growth, and seventh for economic growth.
Kansas’ real gross domestic product (GDP), or the market value of goods and services produced in the state, grew by 6% from the fourth quarter of 2022 when adjusted for inflation, triple the national average of 2%.
Personal income in Kansas grew by 8.4% over the same period, surpassing the national rate of 5.1%.
The report showed agriculture, forestry, fishing, and hunting were the lead contributors to growth in states including Kansas.